Foreigners opening a bank account

I am wondering if foreigners can open savings accounts in Bolivia and if so what is the current interest rate?

Like

Hello LindaLynda and welcome to Expat.com :)

A new thread has been created on the Bolivia Forum for better visibility.

Thanks

Karen :)

Like

Better visibility? The second post in the old thread had the answer.

Like

Hello nicafyl.

As you've said it was an old thread. Thus, i've moved the message  to create a new discussion in order for LindaLynda to obtain better responses from other members of the Forum.

Thank you for your comprehension.

Karen
Expat.com Team.

Like

No foreigner without Bolivian cedula can open a bank account. Tried and failed. The normal latino "can't say no" will get on the way and you might actually waste some time in some banks but it will not go anywhere. The Bolivian residency is not that difficult at all to get. See the immigration website.

Like

Hi 3lckr,

Thank you for your contribution :)

Maximilien
Expat-blog Team

Like

You sound pretty certain.  Thank you for your reply.  How long were you in Bolivia?
I am currently living in Peru.
Lynda

Like

I live in Argentina and because of the mess here with the exchange rates I wanted to open an account in USD abroad. Bolivia is not an option unless you want to get a residency there. I found one bank in Paraguay and many banks in Uruguay that would do that (open an account for non-resident).
Cheers!

Like
Choose the best health insurance
Protect your health and get easy access to treatment for expats in Bolivia.
Open a bank account that suits you
Discover the best international banks to manage your money securely.
Plan your international move
Facilitate your move to Bolivia by getting a quote from our top rated movers.
Send money overseas at the best rate
For fast, safe and secure money transfers to and from Bolivia.